Manny Pacquiao’s Cryptocurrency will develop his brand
Besides being a boxer, Pacquiao is also a musician and has several albums under his belt. He has also hosted television shows or acted as himself in films and TV dramas. According to the founder and CEO of GCOX, the project is not meant to “raise a lot of money” but rather to “build an ecosystem”.
Among the private investors in the Pac token includes ex-Liverpool and England striker, Michael Owen.
The boxing champion who also holds a senatorial seat in the Philippines now becomes the world’s first high profile figure to launch a celebrity cryptocurrency. Several other celebrities have announced plans to unveil their own cryptocurrencies but this has yet to materialize.